Judge — September 18, 1926 — page 26: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

Penobscot Name-..- City-- Analyze Your First Mortgage Real Estate Bonds to illustrate the require- ments of The Milton Strauss Corporation's bond offerings. Tt will serve you as a guide in the intelligent selection of your future First Mortgage Bond Investments. Tt shows how safety can be measured in terms of a generous margin of security and in the ratio of earnings to the plan of amortization. Mail the coupen today! MILTON STRAUSS CORPORATION First Mortgage Real Estate Bonds Please send me without obligation your booklet “Before You Invest. HIS BOOKLET has been prepared THE Building Detroit, Mich. COUPON: ours. S$S$$SS$SS$$ | are mighty good friends If the Judge Investment | Bureau can give you any t help in safely investing them, the pleasure is all Investment Bureau 627 West 43d Street, New York Address Judge UP AND DOWN PROFITS Why trade in the stock Market only to profit by an advance or by a decline when you can tr: elther or both ways PAUL KAYE le to profit Free booklet J, explains 149 BROADWAY, N. Y. Subscribers to Senae are entitled to answers treated confidentially. A stamped and addr Jo inquiries on financial questions, and in emer gencies to answer by telegraph. No charge is made for this service All communications are sed enrelope should always be inclosed. Address all inquiries to the Financial Editor, Jupce, 627 West hid St., New York, giving full name and exact street address, A Limit: Looms hy Theodore Williams ECENT irregularity in the se- R curities market indieated that the recovering tendency had for the time being reached its limit. Prices could not go on advancing in- definitely: and a halt was in order to prevent another period of overspecu- lation, Even some of the strong stocks began to. take profits and distribute a part of their holdings, sagged less, but the market was largely pro- holders of Prices more or fessional and became comparatively dull, the public not having as yet rushed in to any great extent. The technical position was such that some reaction was inevitable, but market manipulators seemed content with fairly moderate breaks and did not seem to wish for a drastic decline. Unless the multitude unexpectedly is incited to buy stocks at their current high levels, we should have a sawing general market for some time to come. ‘That is not to say that a number of new highs will not be made in the next few months. weeks or But the public seems to have learned a certain degree of caution and is no longer so eager as formerly to climb after issues that are at or near peak. The burned speculators dread the fire and shrewd genuine investors will not commit themselves except when tempted by substantial recessions. Hence there may be a waiting interval until ex- panding corporation earnings and promising prospects fully justify further material advances. In- stances of this sort there will un- doubtedly be, and those. who watch carefully the course of business and eschew mere tips and rumors o« may asionally make a fortunate hit. This nation is sailing just now on the sea of unexampled prosperity. Of course, storms may burst forth from vother and disturb the calm of the favorable situation. one quarter or Anonymous communications will in no case be answered. Otherwise the country will proceed to pile up added income and to put more value into the securities which our and fi nancial enterprises have issued, ‘Then industrial, commercial ur, rising quotations may again be looked for. It unwise, however, to take these for granted and to ignore the need of dis- crimination in purchases would be Answers to Inquiries D., Cugrnaa, N.Y: Explanation of the decline in Norwalk ‘Tire & Rubber common is found in the fact that in the nine months ended dune the company tof SELL SSS, {dividend of 80 cents (ent down The minor tire wrganizations seem likely V., Brame, N.Y. Net profit o Typewriter Company for the fir tor payments of dividens lent Ha share on than in the first wed the company ommon dividend ¢. Int you ean a 7 shows is quite prudently hold yeu Q., Pout Wasttsarox, N.Y business is characterized by stability rather than by spectacular profits. Ts recent semi-annual statement showed 42.03 per slure on its new ¢« stock The new eon and Lin sp par of $10 station is too On this dividend. basis high. ‘That is but you ea ment quality y by buying a 2 SACRAMENTO, pany pal stock, the latter's. price It has. probably Cater As the Air Re dise earnings or increase of dividend. rnpany has made forward strides and is up its Net profits for the first half ear w 36.56 per share or at compared. with 810.0: the y The company which ation, iraws apni ap w nt return on market price Paying but 8a a higher divide J. Sar Lake Ajax Rubber from t comicbooks.com